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Industry‐level productivity measurement and the 2008 system of national accounts
Dale W. Jorgenson,Paul Schreyer +1 more
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The 2008 System of National Accounts recognizes capital services as the conceptually correct way to measure the input of capital into production as discussed by the authors, which allows setting up an integrated system of industry-level and aggregate productivity accounts that are consistent with the 2008 SNA.Abstract:
The 2008 System of National Accounts recognizes capital services as the conceptually correct way to measure the input of capital into production. This allows setting up an integrated system of industry-level and aggregate productivity accounts that are consistent with the 2008 SNA. The paper discusses the new aspects in the 2008 SNA and sets out such an integrated system, based on Jorgenson's aggregate production possibility frontier and gross output-based industry productivity measures. Recent results for industry productivity measures for the United States complete the picture.read more
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Productivity Trends in the United States.
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What will revive U.S. economic growth? Lessons from a prototype industry-level production account for the United States
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The impact of information technology on postwar US economic growth
TL;DR: In this article, the authors provide detailed information on the crucial role of information technology in the postwar growth of the U.S. economy, from the development of the telecommunications services and the telecommunications equipment industries through the successful commercialization of semiconductor technology and the ongoing shift to cloud-based IT services.
References
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The Government Printing Office
TL;DR: In this article, the official journals of government are produced at their 1.5 million square foot plant, the largest industrial facility in the District and significant issues of outdated plant and equipment.
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Transcendental logarithmic production frontiers
TL;DR: Ebsco as mentioned in this paper focuses on additive and homogeneous production possibility frontiers that have played an important role in formulating statistical tests of the theory of production and characterizes the class of production possibility frontier that are homogeneous and additive.
Journal Article
Capital Theory and Investment Behavior
TL;DR: Jorgenson and Jorgenson as mentioned in this paper applied the theory of optimum capital accumulation to tax policy and investment behavior, estimating the impact of tax policy on investment behavior. But their analysis was limited to the first year of the first-year system, and they did not consider the second year.
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Exact and superlative index numbers
TL;DR: In this paper, the authors rationalize certain functional forms of index numbers with functional forms for the underlying aggregator function, and show that a certain family of index number formulae is exact for the "flexible" quadratic mean of order r aggregator functions.